The Euro extends fresh bearish acceleration into second straight day, after disappointing EU data on Tuesday soured the mood, with announcement from Russian President Putin about the partial mobilization, further worsening the sentiment. The latest action also added to concerns about the economic outlook for the bloc, as significantly reduced gas supplies to the EU […]
The post EUR/USD: News from Russia and Aggressive Fed May Push Euro Much Lower appeared first on Action Forex.
USD/JPY’s up trend from 139.87 resumed by breaking through 159.44 last week. Initial bias remains on the upside this week for retesting 161.94 high first. Firm break there will confirm larger up trend resumption and Read more…
After initial rebound, GBP/USD’s fall from 1.3867 resumed by breaking through 1.3252. Initial bias remains on the downside this week for 1.3008 structural support. Firm break there will carry larger bearish implication and target 1.2524 Read more…
USD/CHF’s rally from 0.7603 extended higher last week. The strong break of 55 D EMA (now at 0.7817) suggests that it’s already corrective whole down trend from 0.9200. Initial bias is on the upside this Read more…